Taco Bell NNN Property For Sale — Watseka, IL
1530 E. Walnut St., Watseka, IL 60970
This is an exceptional opportunity to acquire a 100% net-leased Taco Bell property located in Watseka, Illinois. The asset features a 2,592 square foot single-tenant restaurant equipped with a convenient drive-thru. Strategically positioned on East Walnut Street, the primary thoroughfare in Watseka, the property benefits from strong visibility and accessibility. The immediate vicinity boasts a vibrant retail corridor with neighboring national brands including McDonald's, Burger King, KFC, Steak 'n Shake, and Super Walmart, ensuring consistent consumer traffic. Taco Bell, a subsidiary of Yum! Brands, is a globally recognized quick-service restaurant with over 6,400 units worldwide, serving over 40 million customers weekly. The lease is personally guaranteed by the tenant's key principal, a…
- Address: 1530 E. Walnut St., Watseka, IL 60970
- Asking price $1.20M
- 5.50% cap rate
- NOI $66,000
- 6.4 years remaining
- NNN lease
- Year built: 2013
- Building size: 2,592 SF
- Lot size: 0.99 acres
- Lease expiration: Jan 31, 2033
- Rent increases: 2/1/2013 - 1/31/2023: $66,000; 2/1/2023 - 1/31/2028: $72,600; 2/1/2028 - 1/31/2033: $79,860; Opt. 2/1/2033 - 1/31/2038: $87,846; …
- Guarantor: Corporate
Location
This Taco Bell property is at 1530 E. Walnut St. in Watseka, Illinois.
Asset type: QSR